Ford Form 4: 795 and 1,575 RSUs Credited to Director Veihmeyer
Rhea-AI Filing Summary
Ford Motor Co. director John B. Veihmeyer received dividend equivalents credited as Restricted Stock Units on 09/02/2025 under two non-employee director stock plans. The filing shows 795 Ford Stock Units under the 2024 Stock Plan and 1,575 Ford Stock Units under the 2014 Stock Plan were credited as acquisitions. After these credits, the reporting person beneficially owned 62,879 shares related to the first grant and 124,643 shares related to the second grant. The RSUs are slated to convert into common stock and be distributed without payment on the earlier of five years from the grant date or separation from the Board.
Positive
- Transparent disclosure of director compensation through RSU credits under the 2024 and 2014 non-employee director plans
- Clear conversion terms provided: RSUs convert to shares without payment on earlier of five years from grant date or separation from the Board
Negative
- None.
Insights
TL;DR: Routine director dividend-equivalent RSU credits; non-cash compensation increases beneficial ownership modestly.
These entries reflect standard compensation mechanics for non-employee directors where dividend equivalents are credited as Restricted Stock Units rather than paid in cash. The amounts—795 and 1,575 RSUs—are modest relative to Ford's outstanding shares and represent non-cash accruals that will convert to common stock on a time- or separation-based schedule. For investors, this is a governance and compensation disclosure rather than an operational or financial performance signal.
TL;DR: Disclosure aligns with typical director equity practices; clarifies vesting/conversion timing and increases reported beneficial ownership.
The Form 4 properly reports the crediting of dividend equivalents as RSUs under two director plans and specifies the conversion condition: distribution without payment on the earlier of five years from the grant date or board departure. The filing increases the director's reported holdings and provides transparency on timing and plan origin (2024 and 2014 plans), supporting routine oversight of director compensation.